Latest Expert Opinions

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
March 7, 2019
They executed in a very difficult environments, fending off the AMZN-Q effect. They have scope and attractive prices. They are effective in growing their online presence. It is over 20 times price to earnings. He invests in those who can raise dividends. Wal-Mart is modernizing stores so there will be a drain. Dividend increases are not overly likely.
Walmart Inc(WMT-N)
March 7, 2019
They executed in a very difficult environments, fending off the AMZN-Q effect. They have scope and attractive prices. They are effective in growing their online presence. It is over 20 times price to earnings. He invests in those who can raise dividends. Wal-Mart is modernizing stores so there will be a drain. Dividend increases are not overly likely.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$97.450
Owned
Unknown
BUY
BUY
March 7, 2019
The juicy dividend sticks out. He thinks it is safe, but you have to be able to stomach some volatility. Their business lines are concentrated on the Canadian consumer, vs. BNS-T, which is international. The dividend is safe but it could have a 20% correction from here. It is not a screaming buy although the yield is tough to replace.
Laurentian Bank(LB-T)
March 7, 2019
The juicy dividend sticks out. He thinks it is safe, but you have to be able to stomach some volatility. Their business lines are concentrated on the Canadian consumer, vs. BNS-T, which is international. The dividend is safe but it could have a 20% correction from here. It is not a screaming buy although the yield is tough to replace.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$40.360
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
March 7, 2019
Reports on March 28th. He does not own it but it has been one of the darlings on the TSX this decade. It has its challenges. Last year we saw same store sales drop. It has come off its highs but is starting to rebound. 22 times price to earnings. The decline is not meaningful enough to back up the truck. Take a third or a half position. Be ready to buy on weakness.
Dollarama Inc.(DOL-T)
March 7, 2019
Reports on March 28th. He does not own it but it has been one of the darlings on the TSX this decade. It has its challenges. Last year we saw same store sales drop. It has come off its highs but is starting to rebound. 22 times price to earnings. The decline is not meaningful enough to back up the truck. Take a third or a half position. Be ready to buy on weakness.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$36.750
Owned
No
DON'T BUY
DON'T BUY
March 7, 2019
It is a well established business. It is diversified. There is the wealth management business. The dividend is safe. The broad mutual fund business is under pressure. Buy it for yield but not for growth. See Canadian banks.
It is a well established business. It is diversified. There is the wealth management business. The dividend is safe. The broad mutual fund business is under pressure. Buy it for yield but not for growth. See Canadian banks.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$29.790
Owned
Unknown
BUY
BUY
March 7, 2019
They are the most attractive from a valuation basis. 5% yield. Canadian banks above 5% yield are always a buy. CM-T has not participated in recent strength in banks. It’s a buying opportunity.
They are the most attractive from a valuation basis. 5% yield. Canadian banks above 5% yield are always a buy. CM-T has not participated in recent strength in banks. It’s a buying opportunity.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$112.330
Owned
Yes
DON'T BUY
DON'T BUY
March 7, 2019
He thinks the US economy is in a better shape than the Canadian. As you raise interest rates your currency gets stronger so he thinks the US$ will strengthen and US equities will strengthen. You need to be cautious with AUTOs. We are seeing a slowdown. Electrification and hybrid vehicles present uncertainty. He does not know where this company stands with electric vehicles.
Toyota(TM-N)
March 7, 2019
He thinks the US economy is in a better shape than the Canadian. As you raise interest rates your currency gets stronger so he thinks the US$ will strengthen and US equities will strengthen. You need to be cautious with AUTOs. We are seeing a slowdown. Electrification and hybrid vehicles present uncertainty. He does not know where this company stands with electric vehicles.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$117.240
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 7, 2019
(A Top Pick Feb 06/18, Up 1%) You get the diversification when you own this. They are well positioned to where future growth is coming from. He continues to own it. It is not expensive and you get a reasonable dividend.
Magna Int'l. (A)(MG-T)
March 7, 2019
(A Top Pick Feb 06/18, Up 1%) You get the diversification when you own this. They are well positioned to where future growth is coming from. He continues to own it. It is not expensive and you get a reasonable dividend.
Kash Pashootan
CEO & Chief Investment Officer, First Avenue Investment Counsel
Price
$67.380
Owned
Yes